Post release (May 19, 2017)

Empire State Capital Partners holds another New Ukraine investment conference

The annual New Ukraine Conference has taken place in Kyiv. It was organized by Empire State Capital Partners for the fifth time

General partners included Ukrlandfarming, a Ukrainian agricultural giant, and Thomson Reuters, a top international media consortium. RECOM, the biggest producer of solar panels in Europe, was the Energy Partner.

Technical support was provided by the High Castle investment platform. Turkish Airlines was the official carrier for the conference. Conference Partners included Astarta organic business center, Khortytsa, the brand of absolute quality, and Bohdan Hawrylyshyn Foundation as their charity partner.

Similar to the New Ukraine Conference 2016, this year’s event was opened by the representatives of the Bohdan Hawrylyshyn Foundation. In 2016, Mr. Hawrylyshyn opened the conference personally. This year, alas, he was no longer with us - a great Ukrainian and a pioneer of the World Economic Forum, has passed away. Olena Bekreniova, the foundation director and John Shmorhun, representing the family, spoke about its programs and plans, and expressed hope that Bohdan Hawrylyshyn’s cause would live.

The macroeconomic panel of New Ukraine Conference 2017 featured a fruitful debate on the most urgent issues of the reforms Agenda in Ukraine with Dmytro Shymkiv, Deputy Chief of the Presidential Administration, Oleh Ustenko, CEO of Bleyzer Foundation in Ukraine, David Snelbecker CEO of the International Development Group, Francis Malige, Managing Director of the Eastern Europe and the Caucasus at the EBRD, Ihor Petrashko, Deputy CEO at Ukrlandfarming. Panel’s moderator was, as usual Alex Bart of Empire State Capital Partners.

At one panel, Empire State Capital Partners jointly with the conference partner, Financial Services Volunteer Corps (FSVC) presented an initiative to set up Business Incubator Group Ukraine (BIG.U), a regional office for the support of small and medium enterprises and the development of entrepreneurship in Ukraine. The initiative got a warm welcome from the attendees. By the time the New Ukraine Conference 2017 finished, a memorandum was signed on the establishment of BIG.U. The Business Incubator Group Ukraine initiative aims at making SMEs into a driving force behind Ukraine’s economy and delivering a quality leap into innovative sectors. This is in line with the goals of the influential Financial Services Volunteer Corps (FSVC), a non-profit organization with headquarters in New York that promotes ideas for public-private partnership to help build a viable financial system in the developing markets.

New Ukraine 2017 attendees were extremely interested in the “new economy” panels. These included the Battle of Startups with well-known and successful projects, such as Petcube i SolarGaps, as well as less known ones that are only starting to rise, such as CoinyPay, HighCastle, PaperDog (a startup set up by a 13-year old boy from Odesa), and more.

The next day private and institutional investors that took part in New Ukraine 2017 visited Ukrlandfarming and Ukroboronprom, the state defense concern. Both companies introduced investors to their work, told them about current problems and prospects, and had profound conversations about potential cooperation in the agricultural and defense sectors. Representatives of the Silicon Valley venture funds were awestruck to learn about the capacity of software complexes at Ukrlandfarming that automate a lion’s share of production processes in the growing of agro-industrial cultures, from grain quality control to shipments to the client. New Ukraine Conference 2017 offered an optimistic atmosphere.

Many of Silicon Valley and Washington guests were impressed by the beauty of Kyiv, as well as by how underrated Ukraine is as an investment destination. Organizer is confident that the fifth New Ukraine conference was a success for all of the guests. Find the full list of speakers here .